What are the terms and conditions of financial aid?

How much am I eligible to receive?

The amount of financial aid received from the various programs is based on the credit hours of enrollment.
Eligibility for some types of aid requires at least half-time (6 or more
credits) enrollment. Enrollment status for fall and spring semesters is defined as follows:

Enrollment status for fall and spring semesters

Credit Hours

Status

0-5

less than half-time

6-8

half-time

9-11

three-quarter time

12+

full-time

What happens if I withdraw from classes or stop attending classes?

Federal regulations state that financial aid is earned by attending
class. You have not earned 100% of your financial aid until you have
attended 60% of the term. If you withdraw before this date, a portion of
your financial aid has not been earned.

The unearned portion is equal to the percentage of the term remaining
on the date of withdrawal. Your financial aid eligibility will be
recalculated based on your actual period of attendance- you may be asked
to repay a portion of the aid that had been disbursed to you.